Cryptocurrency traders are increasingly being targeted for kidnapping and extortion, as highlighted by several cases in recent weeks. A man in France was kidnapped nearly 500 kilometers after his kidnappers demanded a ransom from his crypto-influencer son over crypto networks; a trader in Pakistan was forced to transfer $340,000 at Binance; and the CEO of Canada's WonderFi was freed after paying a million-dollar ransom for kidnapping. According to blockchain analytics firm Chainalysis, in 2023, ...
According to the victim website listed by the ransomware group LockBit, the Federal Reserve suffered a ransomware attack.
Singaporean authorities, including the Singapore cyber security agency, have issued a joint warning to alert local businesses to the growing threat of Akira ransomware variants. The ransomware Akira, which stole $42 million from more than 250 organisations in North America, Europe and Australia in a year, is now aggressively targeting businesses in Singapore, the warning said.